Professional Documents
Culture Documents
GAS
V E N E Z U E L A
The Energy Council Anaco, June 2000
GAS
Content
GAS
1977 742 250 205 186 164 146 128 110 110
VENEZUELA
Algeria Nigeria Irak
GAS
(TCF) 146
0
The Energy Council
15
30
45
60
75
90
GAS
Probable 32 7 39
Possible 32 11 43
GAS
Barquisimeto Altagracia
1 3
Anaco
2
Pto. Ordaz
Existing Gaslines
GAS
(%)
32
Power Gen.
46
70 %
32 10 12
30%
Domestic Market
21 21
Petrochemical
Residential
6 5 15
Total = 6 BCFD
The Energy Council Anaco, June 2000 2000 February
GAS
BOED x 103
Energy Matrix
1130
(42 %) (26 %) (32 %)
2000 2001 2002
1800
(55 %)
(17 %) (28 %)
2008 2009
1999
6 5
Natural Gas
1.8
4.2
MANUFACTURE STEEL / ALUMINUM PETROCHEMICAL POWER GENERATION
BCFD
4 3 2 1 0
1998 2000 2002
2004
2006
2009
Anaco, June 2000
GAS
NGL Plants
Bajo Grande TJs I/ II Lama Ul Jusepn Sta Brbara San Joaqun Jose
Existing Infrastructure
Capacity:
232 MBD
GAS
Legal Framework
Gas Law
Private participation in non associated gas E&P
and gas downstream activities 20% royalty Creation of a National Gas Regulatory Board
Price
Commodity
+ Tariff
Transportation
+ Tariff
Distribution
Anaco, June 2000
GAS
Transmission Export
GAS
Venezuelan Strengths Vast resources Strong support from local suppliers Long history of oil and gas production Convenient geographic location
Excellent opportunity to Excellent opportunity to support major gas support major gas developments developments
GAS
Business Area
GAS
Business Area
Gas Offer
GAS
E&P Strategy
Volume Demand
Domestic market Oil industry Export
Supply
Time
yOpportunity
GAS
Guidelines
Develop non-associated gas Develop gas markets for the industrialization of the country Maximize domestic value added Foster private capital participation Improve strategic position in the international market
Business Area
GAS
Guidelines
Develop non-associated gas Develop gas markets for the industrialization of the country Maximize domestic value added Foster private capital participation Improve strategic position in the international market
Business Area
GAS
Guidelines
Develop non-associated gas Develop gas markets for the industrialization of the country Maximize domestic value added Foster private capital participation Improve strategic position in the international market
Business Area
GAS
Methane Gas
NGL
Retain existing processing plants. Promote alliances with private sector for future developments
New Businesses
The Energy Council
strategic
GAS
OFFSHORE Integrated Projects Northern Paria Large Size Projects Exports and Domestic Markets-Industrialization Caracas
E&P Opportunities
Delta
Yucal-Placer
Central Foothill Barrancas Anaco
Maturn
ONSHORE 11 areas Bidding process Definition of Terms and Conditions in Progress Formal public announcement will be done prior to the availability of the Data Packages
The Energy Council
GAS
YUCAL PLACER
2 AREAS, 900 Km2 each
1.45
MCBO BMTO
GUANARE SAN CARLOS
1.05
CARACAS
0.50
GUANARE ANACO
BARINAS
GUARICO-COJEDES BARRANCAS
1 AREA, 1970 KM2 7 AREAS, 1000 Km2 each
GAS
Barquisimeto Altagracia
1 3
Anaco
2
Pto. Ordaz
Existing Gaslines
GAS
Barquisimeto Altagracia
1 3
Anaco
2
Pto. Ordaz
GAS
Barquisimeto Altagracia
1 3
Anaco
2
Pto. Ordaz
Existing Gaslines
Creation of independent companies Creation of independent companies for each transmission system for each transmission system
The Energy Council Anaco, June 2000
GAS
Margarita
Barquisimeto Altagracia
1 3
Anaco
2
Pto. Ordaz
Biding process for new Biding process for new transmission systems transmission systems
The Energy Council Anaco, June 2000
GAS
460.000
Cardn Maracaibo
> 1.000.000
Potential Growth
Industrial distribution Residential distribution
The Energy Council
Anaco
Pto. Ordaz
Anaco, June 2000
GAS
Regional Distribution
Conditions:
Economic Feasibility Ample Markets Economies of scale
Bidding conditions:
Private Sector Distribution Tariff Plan to increase number of users Recognized Operators Domestic Capital Usage
Anaco, June 2000
GAS
NGL Opportunities
Bajo Grande TJs I/ II Lama Ul Jusepn Sta Brbara San Joaqun Jose
Keep property of existing Plants. Keep property of existing Plants. Promote alliances with third parties for future projects Promote alliances with third parties for future projects
GAS
LNG Opportunities
Northern Paria
Jose
Paria
Delta Platform
Jose and Paria best locations based Jose and Paria best locations based on availability of resources on availability of resources
GAS
Jose Project
Jose
Supply contract: 350 MMSCFD Supply contract: 350 MMSCFD Production: 2 MMT/Y Production: 2 MMT/Y Markets: Atlantic Basin Markets: Atlantic Basin Start Up: 2003 Start Up: 2003
The Energy Council Anaco, June 2000
GAS
640 MMSCFD 640 MMSCFD 4 MMT/Y 4 MMT/Y Markets: East Coast Markets: East Coast USA, Caribbean USA, Caribbean Start Up: 2005 Start Up: 2005
PDVSA
Paria
Delta Platform
Largest energy producer in Latin America & vast gas reserves The most experienced LNG players worldwide
Initial Sponsors
The Energy Council
GAS
Midstream
Business Portfolio
Downstream
Distribution Processing Industrialization (GTL-Petrochem) Power Generation Exports (LNG-GTL-Pipelines)
The Energy Council Anaco, June 2000
GAS
Projects Timetable
2004
2000
2001
2002
2003
Q
v v v v
Studies
Investigation / Data gathering Preliminary Study Field Development Study
Bid Award
Conceptualization
Bidding process
Commercial production
Anaco, June 2000
2005
Gas Supply
GAS
Projects Timetable
2004
2000
2001
2002
2003
EXISTING SYSTEMS Anaco - Jose Anaco - Barquisimeto Anaco - Pto. Ordaz Ule - Amuay NEW SYSTEMS Barbacoas - Margarita Valencia-Acarigua-Bnas. East-West Interconnect. Colombia Interconnection
Q Q Q Q Q Q Q
Bid Award
Conceptualization
Bidding Preparation
Bidding Process
2005
Transportation
GAS
Projects Timetable
2004 2004
2000
2001
2002
2003
Liquefaction / Transformation
Liquefaction Jose LNG Northern Paria Develop. Transform. / Industrializ. Gas To Liquid
2000
2001
2002
2003
Q
Project Development
v v
Q Agreement
Conditions
Conceptualization
Bidding Preparation
Bidding Process
2005
2005
Distribution
GAS
Projects Timetable
2004
2000 Q
2001
2002
2003
EXISTING TRANSP. SYSTEMS Anaco - Jose Anaco - Barquisimeto Anaco - Pto. Ordaz Ule - Amuay NEW TRANSP. SYSTEMS Barbacoas - Margarita Valencia-Acarigua-Barinas East-West Interconnection Colombia Interconnection DISTRIBUTION (Pilot Area) DISTRIBUTION (Other regions) LNG: Jose LNG: Northern Paria Development GTL
Q Q Q Q Q Q Q Q Q
Project Development
Q
Conceptualization Bidding Preparation Bidding Process Bidding Package Available
Anaco, June 2000
Bidding Award
2005
Projects
GAS
Investment:
Gas Production:
6 - 10 MMM$
1,100-3,000 MM$ 1,600 - 3,000 MM$ 1,000 MM$ 2,600 MM$
GAS